Tuesday, 4 August 2026
Manova Partners completed real estate transactions with a combined value of almost €300 million during the first half of 2026, with acquisitions accounting for around two-thirds of activity and disposals representing the remaining third.
The investment manager expanded its international portfolio through the acquisition of two logistics assets in Nashville, Tennessee, and Modena, Italy, alongside office properties in Salt Lake City, Utah, and Dublin, Ireland.
Florian Winkle, Co-CEO of Manova Partners, said the company continues to benefit from longstanding investor relationships, including clients pursuing counter-cyclical investment strategies that enable them to remain active despite ongoing market uncertainty.
He added that the two disposals completed during the period involved core assets that generated internal rates of return exceeding 7.5% over a 14-year holding period and 10% over eight years, reflecting the firm’s strategy of actively managing portfolios through selective acquisitions and sales.
Laetitia Treves, Head of Transactions Europe, said the current market continues to present investment opportunities, particularly in the office sector, where pricing adjustments have created attractive entry points for investors. She noted, however, that successful investments require careful asset selection, with location, building quality and long-term competitiveness remaining the key considerations.
Commenting on the logistics sector, Treves said Manova Partners continues to target assets located along major transport corridors and close to expanding consumer markets. She added that increasing differentiation within the logistics market makes disciplined asset selection more important than ever.
With offices across Europe, North America, Latin America and Australia, Manova Partners said its international presence enables it to compare investment opportunities across multiple markets and sectors while aligning acquisitions and disposals with clients’ investment objectives.
Looking ahead, the company expects to remain active on both the acquisition and disposal side during the second half of 2026 as it continues to adjust portfolios in response to changing market conditions.
